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Hyperion is happy to bring you the Map3 Cloud Node (v0.8) staking contract. HYN holders can now run or delegate HYNs in Map3 nodes and earn service rewards in return. Before the mainnet is launched, Hyperion will provide nodes to initiators for free.For those node runners or delegators who will join Hyperion
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Decentralized finance (DeFi) protocol Keep Network has tapped Bison Trails to provide non-custodial staking services for tBTC, an ERC-20 representation of bitcoin (BTC) deposits. Keep, a project from blockchain venture studio Thesis, operates tBTC in a trustless manner by breaking bitcoin deposits across smart contracts held by various Keep users.“Infrastructure is
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With the first phase of Ethereum 2.0 due to launch within months, some analysts and experts believe it could trigger a major bull run and transform finance as we know it. Adam Cochran, a partner at MetaCartel Ventures DAO and strategy developer at DuckDuckGo, has laid out several arguments for why
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A cryptocurrency staking wallet that offers users as much as 1.5% daily returns is bearing striking resemblance to a Ponzi scheme.That’s according to a Medium article published on April 19 by Jan Kowalski which warns readers to steer clear of an app known as StakedWallet. The website offers Proof-of-Stake “investment
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As Tezos (XTZ) staking has apparently been getting more popular in recent months, the service will be soon available on another cryptocurrency exchange in the United States. Binance.US, the U.S. arm of the world’s biggest crypto exchange, Binance, will launch staking rewards this week.As officially announced today, Binance.US will
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Major cryptocurrency exchange Bitfinex has become the latest exchange to offer staking services to customers.Announced April 3, Bitfinex will offer staking rewards up to 10% per annum on crypto assets underpinned by a Proof-of-Stake algorithm."We're committed to engaging our existing users and the wider community with new products and
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For a tech that was supposed to be democratic and distributed in order to free financial systems from the grip of government-influenced banks and return control of the money supply to the people, cryptocurrencies have turned out to be pretty concentrated. Some 66% of all Bitcoin (BTC) mining now takes
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Over the last few days, the centralization versus decentralization row has erupted in earnest. In case you missed it, the activities of Tron founder Justin Sun following his takeover of blogging site Steemit have been pivotal to the controversies.Let’s briefly recap. Earlier in February, it emerged that Sun was
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Not everyone is totally excited about DeFi.Volatile crypto is nurturing its fixed-income side. Crypto lending activity is growing on decentralized finance (DeFi) networks. Staking, where investors reap payments for locking up assets in functions essential to network protocols, is moving into crypto's mainstream, with large crypto exchanges offering staking services
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Coinbase Custody and Bison Trails have joined the ranks of the Proof of Stake Alliance (POSA), a Jan. 30 press release announced. Together with the alliance, they will advocate for the adoption of clear regulations on staking proceeds, as well as other development initiatives.The Proof of Stake Alliance is
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